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Retail Center with 32 Stores
For Sale
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3800 E State St., Rockford, IL 61108

126,648 SF retail center with 72.4% occupancy for sale.

Property Size8,904 SF
Days on Market195

Property Features for 3800 E State St.

General Information

Standard status Active
Size 8,904 SF
Property subtype Land

Site & Location

Neighborhood Miracle Mile
Listing Agency: CBRE
Listed By: Karen Walsh · License #471015351
Source: Cbre
Added: Apr 15 Changed: Oct 26 Last Checked: Oct 24 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

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Investment Insights

Based on property information with market context.

This commercial property features a retail center comprising 126,648 rentable square feet. The center includes 32 stores and currently has a 72.4% occupancy rate.

Key Highlights

  • 126,648 Rentable Square Feet
  • 32 Stores in the Center
  • 72.4% Occupancy

Property Analytics

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Open Analytics

Current Use

Wolf Hollow Gift ... (Bike/Boat/Book/etc) Store In Style Hair Salon CLS Charitable Organization CSL Plasma Medical Clinic Hiland cleaners and shoe ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 33% Electronics 2% Beauty & Spa 1%
Mobil Shops & Services
12,808 visits/mo 0.4 miles
Taco Bell Dining
10,893 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
10,402 visits/mo 0.2 miles
Dollar General Shops & Services
8,282 visits/mo 0.2 miles
Kelley's Market Shops & Services
7,886 visits/mo 0.5 miles

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Regency Plaza — 4249 E State St, Rockford, IL 61108
  • Pedal & Pickins — 4616 e state st, rockford, il 61108

Frequently Asked Questions

What type of property is this?
Shopping center - 126,648 SF retail center with 72.4% occupancy for sale.
Where is this shopping center located?
The property is located at 3800 E State St. Rockford, IL.
What are key features of this property?
This property features: 126,648 Rentable Square Feet; 32 Stores in the Center; 72.4% Occupancy
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